A draft law on a 20% quota on Russian wine for cafes and shops has been developed by the State Duma committee

Published 2024년 11월 14일

Tridge summary

The State Duma Committee on Industry and Trade in Russia has proposed a bill that mandates cafes and stores to carry a minimum of 20% Russian wine. The bill is part of ongoing efforts to reduce the consumption of imported wine, which has seen a 37% decrease in the first eight months of the year, alongside a 20% increase in exports. Domestic wines have already gained a 49% share of the Russian market in 2024, but are underrepresented in many catering establishments. The bill aims to correct this imbalance and support domestic producers.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The State Duma Committee on Industry and Trade has developed a bill on a quota for Russian wine for cafes and stores, which should be at least 20%. This was reported on his Telegram channel by the head of the committee, Vladimir Gutenev. According to him, the introduction of state regulation, including an increase in import duties and excise taxes, has already led to a decrease in purchases of foreign wine. "Thus, in the first eight months of this year, 37% less imported products were imported in kind compared to the same period in 2023, while exports increased by 20%. The main buyers are: China - 48% of supplies, Turkey - 14%, Abkhazia - 13%, Latvia - 11%," Gutenev noted. The share of domestic wines on the Russian market in 2024 in monetary terms increased to 49%, while in a number of catering establishments, Russian wine products are poorly represented - no more than 5% of the assortment, the deputy believes. "To level out the current situation, the State Duma Committee on ...
Source: Kvedomosti

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.